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/biz/ - Business & Finance

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18993874 No.18993874 [Reply] [Original]

>> No.18993894

>>18993874
yes

>> No.18993901

dr;ns

>> No.18993904

>>18993894
what be they?

>> No.18993979

BTC is controlled by China now.
The thing is dead, People havent realized it
The counterargument is getting out.

>> No.18994040
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18994040

>what are difficulty adjustments

>> No.18994138
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18994138

>>18994040
something that will happen in around 15 days

>> No.18994332

>>18994040
But that's the point. Under perfect competition, half of the mining power has to disappear. Which means it could be used to attack.
Don't think it's a danger before 2028, though.

>> No.18994359

>>18993874
have sex please

>> No.18994398

>>18993874

What 51% attack?

Re-creating a nearly 1TB blockchain? Seriously?

>> No.18994507

>>18993874
No one knows what will happen. I'm of the opinion that halvenings will begin to result in smaller moons than previously observed, because miners are minting smaller amounts of BTC and much less BTC relative to the current circulating supply. 87.5% of all BTC has already mined and only 6.25% of all BTC will be mined between this halvening and the next halvening

>> No.18994544

>>18994507
Basically, if the price doesn't moon miners won't be profitable and may opt for a 51% attack. Personally I think that they'll just mine other SHA256 shitcoins instead. As long as BTC has the highest hash rate of all SHA 256 coins its pretty safe from attacks IMO

>> No.18994697

Link to OP article

>> No.18994730

>>18993874
we really shouldn't give a fuck

>> No.18994737

>>18993874
the halving doesn't expose bitcoin to a 51% attack wtf are they smoking? it exposes it to chain death spiral via mass miner capitulation. at which point the 51% attack is the last of our problem because it can only be used to censor or double spend which won't matter in the long run.

>> No.18994758

>>18994544
>Basically, if the price doesn't moon miners won't be profitable and may opt for a 51% attack.
that's just retarded

>> No.18994761
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18994761

>>18993874
HAHAHAHAHA

>> No.18994766

why just not leave the difficulty constant and as is

>> No.18994767

>>18993874
common sense

>> No.18995825

>>18994697
https://www.coindesk.com/the-halving-exposes-bitcoin-to-51-attacks-heres-what-we-can-do

>> No.18995845

>>18993874
switching to the true bitcoin fork. BCH. I was accumulating digital gold all the way through bear market. :)

>> No.18995850

>>18993874
PoS is the future

>> No.18995864

>>18995825
he is right in that the current model f bitcoin will not work a hundred years from now. but i don't give a single fuck about past this next decade. and we know by now for an other decade it will work.

>> No.18995986

>>18995845
this is the type of blowhard to taste his cum after he masturbates

>> No.18996929

>>18993874
fud for retards

>> No.18996951

>>18995864
China has 70% of the hash power. Xi could kill bitcoin if he wanted